Chairman FBR Syed Muhammad Shabbar Zaidi has clarified that declaration made under Section-12 of Assets Declaration Ordinance-2019 will not be used as an evidence against the declarant for the purpose of any proceedings relating to imposition of penalty or prosecution under any other law.

Section-12 states as under: "Notwithstanding anything contained in any other law for the time being in force, nothing contained in any declaration made under this Ordinance shall be admissible in evidence against the declarant for the purpose of any proceedings relating to imposition of penalty or adverse action or for the purposes of prosecution under any law".-PR

Copyright Business Recorder, 2019